UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                                   FORM 10-QSB
                                   -----------

 [X]   QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT
       OF 1934 For the quarterly period ended August 31, 2002

[ ]    TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT
       For the transition period from _________________ to _________________

       Commission file number _______________________________________

         WITNET INTERNATIONAL INC. (formerly New Cinema Partners, Inc.)
        -------------------------------------------------------------------
        (Exact name of small business issuer as specified in its charter)

             NEVADA                                           87-0772357
--------------------------------                         -------------------
(State or other  jurisdiction of                         (IRS Employer
incorporation or organization)                           Identification No.)

               Suite404, 357 Bay Street, Toronto, Ontario M5H 2T7
                    (Address of principal executive offices)

                                (416) - 367-8273
                           (Issuer's telephone number)

                            New Cinema Partners Inc.
 -------------------------------------------------------------------------------
(Former  name,  former  address and former  fiscal year,  if changed  since last
report)

                APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY
                   PROCEEDINGS DURING THE PRECEDING FIVE YEARS

Check whether the  registrant  filed all  documents  and reports  required to be
filed by Section l2, 13 or 15(d) of the Exchange Act after the  distribution  of
securities under a plan confirmed by a court. Yes [] No [ ]

                      APPLICABLE ONLY TO CORPORATE ISSUERS

State the number of shares outstanding of each of the issuer's classes of common
equity, as of the latest practicable date: 96,475,021 as of October 18, 2002.
                                       1
<PAGE>

                                          PART I -- FINANCIAL INFORMATION
Item 1. Financial Statements.

                            WITNET INTERNATIONAL INC.

                    CONSOLIDATED INTERIM FINANCIAL STATEMENTS

                        THREE MONTH ENDED AUGUST 31, 2002

                                    UNAUDITED



                                    CONTENTS

Consolidated Interim Balance Sheet                                F-1

Consolidated Interim  Statement of Equity                         F-2

Consolidated Interim  Statement of Earnings                       F-3

Notes to Consolidated Interim Financial Statements             F-4 - F-5

                                       2
<PAGE>

WITNET INTERNATIONAL INC.
Consolidated Interim Balance Sheet
August 31, 2002
Unaudited
                                     ASSETS
                                                         2002           2001
                                                     -----------    -----------
Current
    Cash and cash equivalents                        $     9,391    $     2,562
    Short-term financial instruments                     115,731           --
    Accounts receivables                                 252,977        104,979
    Accounts receivable-other                              1,917        250,136
    Short-term loans                                      26,850        766,888
    Loans to shareholders and directors                   28,182         50,635
    Prepaid income tax                                     8,082          1,918
    Inventories                                             --        1,083,852
                                                     -----------    -----------
                                                         443,130      2,260,970
Investment securities                                      1,998         78,200
Debt insurance costs                                        --          429,600
Guarantee deposits                                        25,159        281,520
Capital assets                                            55,398        243,810
Intangible assets                                      2,805,364      3,257,623
                                                     -----------    -----------
                                                     $ 3,331,049    $ 6,551,723
                                                     ===========    ===========
                                   LIABILITIES
Current
    Short-term borrowing-affiliated companies        $   598,237    $   846,515
    Short-term borrowing from directors                  128,897         24,704
    Accounts payable                                     264,079        296,557
                                                     -----------    -----------
                                                         991,213      1,167,776
Accrued Severance Indemnities                             51,411           --
Loans Payable                                            150,000        150,000
                                                     -----------    -----------
                                                       1,192,624      1,317,776
                                                     -----------    -----------
                              SHAREHOLDERS' EQUITY
Capital Stock                                          3,049,478      3,015,743
Capital Surplus                                        1,709,663      1,601,145
Accumulated Other Comprehensive (Loss) Income           (249,564)        14,178
(Deficit) Retained Earnings                           (2,371,152)       602,881
                                                     -----------    -----------
                                                       2,138,425      5,233,947
                                                     -----------    -----------
                                                     $ 3,331,049    $ 6,551,723
                                                     ===========    ===========

APPROVED ON BEHALF OF THE BOARD

                -----------------          -----------------
                     Director                  Director

                See notes to Consolidated Financial Statements.


                                      F-1
<PAGE>




WITNET INTERNATIONAL INC.
Consolidated Interim Statement of Equity
August 31, 2002
Unaudited

                                                  2002           2001
                                              -----------    -----------
Deficit - beginning of period                 $(1,998,768)   $  (193,335)

    Net (loss) earnings                          (372,384)       796,216
                                              -----------    -----------

(Deficit) Retained Earnings - end of period   $(2,371,152)   $   602,881
                                              ===========    ===========

                See notes to Consolidated Financial Statements.


                                       F-2
<PAGE>

<TABLE>
<CAPTION>

WITNET INTERNATIONAL INC.
Consolidated Interim Statement of Earnings
Three Months Ended August 31, 2002
Unaudited


                                          Six Months Ended             Three Months Ended
                                     August 31,      August 31,     August 31,   August 31,
                                       2002             2001          2002         2001
                                    -----------    -----------   -----------   -----------
<S>                                 <C>            <C>           <C>           <C>
Revenue
    Merchandise                     $    84,676    $ 1,299,906   $    21,108   $   820,329
    Service fees                        188,657         81,246       102,857        74,210
    Interest income                       4,472         11,553         3,448         9,991
                                    -----------    -----------   -----------   -----------
                                        277,805      1,392,705       127,413       904,530
                                    -----------    -----------   -----------   -----------
Expenses
    Cost of merchandise                  40,250           --            --            --
    Operating expenses                  603,059        509,481        52,500        55,265
    Interest expenses                     6,573          6,950           365         2,450
    Donations                                81           --            --            --
    Other                                   167              5            32          --
    Loss on foreign currency
       translations                          59          4,253            40         4,242
    Amortization of debt issuance          --           75,800          --          37,900
                                    -----------    -----------   -----------   -----------

                                        650,189        596,489        52,937        99,857
                                    -----------    -----------   -----------   -----------

Net (Loss) Earnings                 $  (372,384)   $   796,216   $    74,476   $   804,673
                                    ===========    ===========   ===========   ===========

Net (Loss) Earnings per share            (0.004)         0.008         0.001         0.008
                                    ===========    ===========   ===========   ===========
                See notes to Consolidated Financial Statements.
</TABLE>

                                       F-3
<PAGE>




WITNET INTERNATIONAL INC.
Notes to Consolidated Interim Financial Statements
August 31, 2002
Unaudited



1.    Summary of Significant Accounting Policies

       General

       Witnet Co. Ltd., the "Accounting  Parent",  which carries on the business
       of the company, is located in 113-3 Banpo-dong,  Seocho-gu,  Seoul, Korea
       and was  incorporated  on November  8, 1999 to engage in the  business of
       software development and system integration. Beginning in 1997, Korea and
       other  countries  in  the  Asia  Pacific  region   experienced  a  severe
       contraction  in  substantially  all  aspects  of  their  economies.  This
       situation is commonly  referred to as the 1997 Asian Financial Crisis. In
       response to this situation,  the Korean government and the private sector
       began implementing structural reforms to historical business practices.

       The Korean economy continues to experience difficulties,  particularly in
       the areas of restructuring  private enterprises and reforming the banking
       industry.  The Korean  government  continues to apply  pressure to Korean
       companies to restructure  into more efficient and profitable  firms.  The
       banking industry is currently  undergoing  consolidation  and uncertainty
       exists  with  regard to the  continued  availability  of  financing.  The
       Company may be either  directly or  indirectly  affected by the situation
       described   above.   The  accompanying   financial   statements   reflect
       management's  current  assessment  of the impact to date of the  economic
       situation on the financial  position of the Company.  Actual  results may
       differ materially from management's current assessment.

      Interim Financial Information

      The accompanying  unaudited consolidated interim financial statements have
      been  prepared by the  Company,  in  accordance  with  generally  accepted
      accounting  principles  pursuant to Regulation  S-B of the  Securities and
      Exchanges   Commission.   Certain  information  and  footnote  disclosures
      normally included in audited financial  statements  prepared in accordance
      with  generally  accepted  accounting  principles  have been  condensed or
      omitted. In the opinion of management,  the consolidated interim financial
      statements   reflect   all   adjustments,   including   normal   recurring
      adjustments,  necessary  for  fair  presentation  of the  interim  periods
      presented. The results of operations for the three months ended August 31,
      2002  are not  necessarily  indicative  of  results  of  operations  to be
      expected for the full year.

       Basis of Consolidation

       These  consolidated  financial  statements  include  the  accounts of the
       Company  and  its  wholly  owned  subsidiary,   Witnet  Co.  Ltd.,  after
       elimination of all intercompany transactions and balances.

       Cash and Cash Equivalents

       Cash and cash equivalents include cash and highly-liquid investments with
       original maturities of 90 days or less.

                                      F-4

WITNET INTERNATIONAL INC.
Notes to Consolidated Interim Financial Statements
August 31, 2002
Unaudited

1.    Summary of Significant Accounting Policies (Cont'd.)

       Foreign Currency Translation

       Witnet  maintains  its books and  records in Korean  won.  Balance  sheet
       accounts are  translated  using closing  exchange  rates in effect at the
       balance sheet date and income and expense  accounts are translated  using
       an average  exchange rate  prevailing  during each reporting  period.  No
       representation  is made that the Korean won could have been, or could be,
       converted into United States dollars at the rates on the respective dates
       and or at  any  other  certain  rates.  Adjustments  resulting  from  the
       translation are included in the accumulated  other  comprehensive  income
       (loss) in stockholders' equity.

       Earnings Per Share

       Basic and diluted  earnings  per share is  computed  pursuant to SFAS No.
       128.  Basic  earnings  per share are computed by dividing net earnings by
       the weighted  average  shares  outstanding  during the reporting  period.
       Diluted  earnings  per share are computed  similar to basic  earnings per
       share except that the weighed average shares outstanding are increased to
       include additional shares from the assumed exercise of stock options,  if
       dilutive.  The number of additional shares is calculated by assuming that
       outstanding  stock options were exercised and that the proceeds from such
       exercises were used to acquire shares of common stock at the option price
       during the reporting period.

       Use of Estimates

       The  preparation of financial  statements,  in conformity  with generally
       accepted accounting principles, requires management to make estimates and
       assumptions  that affect the reported  amounts of assets and  liabilities
       and  disclosure of contingent  assets and  liabilities at the date of the
       financial  statements  and the  reported  amounts of revenue and expenses
       during the  reporting  period.  The most  significant  estimates  for the
       Company  include:  the fair  values of  identifiable  assets  acquired in
       business combinations; provisions for the credit risk exposure in amounts
       of capital assets,  goodwill and product development costs; and valuation
       allowances against future income tax assets.  Actual results could differ
       from those estimates.


2.    Organization

       On  June  28,  2002  there  was  a  reverse   takeover   whereby   Witnet
       International  Inc.  (formerly New Cinema  Partners Inc.  ("NCPP")),  the
       legal  parent,   issued  55,000,000  common  shares  in  return  for  all
       outstanding   common  shares  of  Witnet  Co.  Ltd.,  (the  acquirer  for
       accounting  purposes).  As a  result  of  this  transaction,  the  former
       shareholders of Witnet Co. Ltd.  received  approximately 63% ownership of
       NCPP.  After the  transaction  the company had  96,475,021  common shares
       issued and outstanding.

                                      F-5

<PAGE>


Item 2. Management's Discussion and Analysis or Plan of Operation.

 The Company has been a development stage enterprise from its inception February
18, 1999. As disclosed in Form 8-K reports filed by the Company, the Company has
completed the acquisition of Witnet Co. Ltd., a private Korean software  company
which is now the Company's primary operating subsidiary. The Company has changed
its name to Witnet  International  Inc.  and will  change its fiscal year end to
December 31, the year end of Witnet Co. Ltd. Accordingly,  the Company will file
an amended Form 10QSB for the quarterly  period ending on September 30, 2002. In
connection  with  the  acquisition  of  Witnet,  the  Company  filed a Form  14C
Information  Statement with the SEC and mailed the Information  Statement to the
Shareholders  of the Company.  As described in the  Information  Statement,  the
Company will now pursue the  business of Witnet Co. Ltd.  and will  continue the
base of  operations  in Seoul,  South Korea and  continue  the  marketing of its
primary wireless internet related products, "Mobilick", "X-Stan" and "X-Soloman"
in South Korea and Japan and will commence  marketing of those products in North
America and Europe.  The Company  anticipates the that the sale and marketing of
these  recently  introduced  products  will be more  profitable  than its  prior
service business.

Additionally,  the Company will continue to enter into service related  business
however,  will  attempt to maximize the  profitability  of such  engagements  by
reducing the number of its permanent  employees and rather engage  special teams
for such service engagements.  Historically the Company had maintained full time
employees on staff in anticipation of service work and this method has proven to
be a financial burden and generally not profitable.  Additionally, the company's
main focus will be on the  marketing  of its primary  product  "Mobilick"  in an
effort to benefit from the  investment  made to date in the  development  of the
product.

The Company  will reduce its Research  and  Development  spending and refocus on
marketing of its main  products.  As a result the Company will reduce the number
of  employees  through the  reduction  of R&D staff.  The Company has  commenced
marketing  of its  products in North  America and should start to see results of
this activity by the first quarter of 2003.
                                       3
<PAGE>

The Company expects that it will employee fourteen (14) full time employees, and
four (4) outside  consultants  during the next twelve months.  Also, the Company
intends to conduct a private  placement  financing  to assist in its  operations
through debt and or equity  financing.  The  financing is intended to extend its
marketing efforts over the next twelve months.

CAUTIONARY STATEMENT FOR PURPOSES OF THE "SAFE HARBOR" PROVISIONS OF THE PRIVATE
SECURITIES LITIGATION REFORM ACT OF 1995

Our actual results and actual plan of operations may differ materially from what
is stated  above.  From time to time,  the  Company  will make  written and oral
forward-looking  statements  about  matters that involve risk and  uncertainties
that could cause actual results to differ  materially  from  projected  results.
Important factors that could cause actual results to differ materially  include,
among others:

-        general domestic economic and political conditions;

-        changes  in  laws  and  government   regulations,   including   without
         limitation regulations of the Securities and Exchange Commission;

-        availability and timing of receipt of necessary outside capital; and

-        other risk factors described from time to time in the Company's filings
         with the Securities and Exchange Commission.

Many of these factors are beyond the  Company's  ability to control and predict.
Investors  are  cautioned  not  to  place  undue  reliance  on   forward-looking
statements.  The  Company  disclaims  any  intent or  obligation  to update  its
forward-looking  statements,  whether as a result of receiving new  information,
the occurrence of future events or otherwise.

                                            PART II -- OTHER INFORMATION
Item 6. Exhibits and Reports on Form 8-K.
The Company has filed the following Form 8-K current reports:
1.       July 11, 2002: re acquisition of Witnet Co. Ltd.
2.       September 16, 2002 re acquisition of Witnet Co. Ltd., name change.

                                       4
<PAGE>

                                   SIGNATURES

In accordance with the  requirements of the Exchange Act, the registrant  caused
this  report to be  signed on its  behalf  by the  undersigned,  thereunto  duly
authorized.
                             WITNET INTERNATIONAL INC.
                             (Registrant)


Date October 22, 2002       /s/ Jason Chung
                            --------------------
                                Jason Chung, CFO

                                       5